Angel Investors Are Aiming Higher

They're moving up the financing food chain and acting more like venture capitalists. That means you have to be sharper

A few weeks ago at the Arizona Angel Investor Conference in Phoenix, Pat Sullivan, co-founder of software success story ACT!, and John Purtell, one of his financial backers, reenacted a negotiating session that took place between them back in 1986. The reenactment demonstrated to the would-be entrepreneurs in the audience how their own negotiations might unfold.

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